What is Clover Health Investments, Corp.'s Shariah compliance score?

Clover Health Investments, Corp. (CLOV) has a Shariah compliance score of 95/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Clover Health Investments, Corp. pass AAOIFI screening?

Clover Health Investments, Corp. (CLOV) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (CLOV: 0.0%), (3) interest-bearing deposits below 30% (CLOV: 5.7%), and (4) prohibited income below 5% (CLOV: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Clover Health Investments, Corp. stock?

Clover Health Investments, Corp. (CLOV) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CLOV shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Clover Health Investments, Corp. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Clover Health Investments, Corp. (CLOV) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about CLOV's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Clover Health Investments, Corp. (CLOV) halal? Halal. Based on AAOIFI screening, Clover Health Investments, Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 95/100 (Grade: A+).

CLOV: Is Clover Health Investments, Corp. Halal?

Halal

Clover Health Investments, Corp.

NASDAQHealthcareUS

$3.92

+2.35%

AvoidBorderlineClean

About Clover Health Investments, Corp.

Clover Health Investments, Corp. is a U.S.-based firm specializing in Medicare Advantage insurance. The company leverages its proprietary software platform, the Clover Assistant, to provide both Preferred Provider Organization (PPO) and Health Maintenance Organization (HMO) health plans for individuals eligible for Medicare. In addition to its insurance operations, Clover Health also engages in non-insurance-related business ventures. The company was established in 2014 and its main office is located in Franklin, Tennessee.

Sector: Healthcare · Industry: Medical - Healthcare Plans

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 16, 2026

A+

Excellent

Exceptionally strong compliance

95Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.0% / 30.0%

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Screened: Jun 16, 2026Fiscal: Q1 2026Source: EDGAR

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Financial Overview

Market Cap

2.0B

Price

$3.92

Sector

Healthcare

Industry

Medical - Healthcare Plans

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Frequently Asked Questions

Is Clover Health Investments, Corp. (CLOV) halal to invest in?

Based on AAOIFI Standard 21 screening, Clover Health Investments, Corp. (CLOV) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Clover Health Investments, Corp. get a A+ compliance rating?

Clover Health Investments, Corp. (CLOV) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 5.7% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Clover Health Investments, Corp.'s Shariah verdict?

Clover Health Investments, Corp.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Clover Health Investments, Corp. re-screened for Shariah compliance?

Clover Health Investments, Corp. (CLOV) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 16, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.